
100Acc BDAs
Authored by Yvonne Daly
Business
11th Grade
Used 6+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On Balance Day to adjust the Trial Balance for prepaid insurance of $50 I would:
Create Prepayment on the debit side $50 and increase insurance $50
Create Prepayment on the credit side $50 and decrease insurance $50
Create Prepayment on the debit side $50 and decrease insurance $50
Create Accrued expense on the credit side $50 and increase insurance $50
Create Accrued expense on the debit side $50 and decrease insurance $50
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On Balance Day, to adjust the Trial Balance for wages owing of $50 I would:
Create Accrued Income on the debit side $50 and increase wages $50
Create Prepayment on the credit side $50 and decrease wages $50
Create Prepayment on the debit side $50 and decrease wages $50
Create Accrued expense on the credit side $50 and increase wages $50
Create Accrued expense on the debit side $50 and decrease wages $50
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The classification for prepayment is
Current Asset
Current Liability
Expense
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On Balance Day, to adjust the Trial Balance for interest owing on a term deposit of $50 I would:
Create Accrued Income on the debit side $50 and increase interest received $50
Create Income in advance on the credit side $50 and decrease interest received $50
Create Prepayment on the debit side $50 and decrease interest received $50
Create Accrued expense on the credit side $50 and increase interest received $50
Create Accrued Income on the credit side $50 and decrease interest received $50
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The classification for accrued expense is
Current Asset
Current Liability
Expense
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On Balance Day, to adjust the Trial Balance for interest owing on a loan of $50 I would:
Create Accrued Income on the debit side $50 and increase interest on loan $50
Create Income in advance on the credit side $50 and decrease interest on loan $50
Create Prepayment on the debit side $50 and decrease interest on loan $50
Create Accrued expense on the credit side $50 and increase interest on loan $50
Create Accrued expense on the debit side $50 and increase interest on loan $50
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The classification for accrued income is
Current Asset
Current Liability
Expense
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
20 questions
A Level - Theme 2 Quiz
Quiz
•
11th Grade - University
11 questions
Business Organization - Chapter 2.2 Quiz
Quiz
•
9th - 12th Grade
12 questions
Banking
Quiz
•
9th - 12th Grade
17 questions
24-25 PM1 Charter Creation & Decision Making
Quiz
•
9th - 12th Grade
20 questions
Entrepreneurship 1 Standard 1.01-1.04
Quiz
•
KG - 12th Grade
15 questions
BUSINESS FINANCE
Quiz
•
11th Grade
15 questions
B.E. Chapter 4: Private Enterprise
Quiz
•
9th - 12th Grade
20 questions
BE Unit 5 5.03/04 Test
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade